Land O'Lakes' earnings were up in 2005, but sales were down, thanks to one company segment, Moark, laying an egg.
The final results were announced at the company's 85th annual meeting held Wednesday in the Minneapolis Convention Center. Land O'Lakes had 7.6 billion in net sales and $129 million in net earnings, according to a filing with the Securities and Exchange Commission.
Net sales were down slightly "primarily due to a significant drop in average egg prices," the report said.
Moark, of course, is in the middle of an expansion plan at its Neosho plant.